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Saudi Arabia pushes back on UAE opposition to OPEC+ deal

Saudi Arabia‘s energy minister pushed back against opposition by fellow Gulf producer the United Arab Emirates to a proposed OPEC+ deal and called for “compromise and rationality” to secure agreement when the group reconvenes. It was a rare public spat between allies whose national interests have increasingly diverged, spilling over into OPEC+ policy setting at a time consumers want more crude to aid a global recovery from the Covid-19 pandemic.

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